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$324,000

508 Fountainwood Dr, Arlington, TX, 76012

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet, Luxury Vinyl Plank, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size5,597 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN47295C-6AR-3B
Lot Number3B
SubdivisionWindemere Addition
Land UseResidential
Legal DescriptionWINDEMERE ADDITION BLOCK 6ARLOT 3B 3B + COMMON ELE
Census Tract121613
Assessed Land Value$50,000
Assessed Improvement Value$272,188
Assessment Year2025

About this property

Welcome to 508 Fountainwood, a single-story garden home tucked beneath the mature trees of Windemere Estates in North Arlington. Offering 3 bedrooms, 2 bathrooms, and 2,080 square feet, this home pairs spacious interiors with private courtyard living and an easy, inviting feel. Multiple rooms open directly to the courtyards, creating a natural connection between indoor and outdoor living while bringing abundant natural light into the home. Step outside for morning coffee, dinner with friends, a little gardening, or a quiet evening outdoors—all with less yard to maintain. Inside, vaulted ceilings add to the sense of space, while a wood-burning fireplace and wet bar give the living area warmth and character. The kitchen features granite countertops, generous cabinetry, and an easy connection to the surrounding living and dining spaces. With its private courtyards, mature surroundings, and distinctive garden-home design, 508 Fountainwood is the kind of home that invites you to settle in and enjoy where you live—all in a convenient North Arlington location near shopping, dining, I-30, and Arlington’s Entertainment District.

Investor Tools

$0Estimated Mortgage Balance
$336,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

Interested in this property?

Jessica Youngblood

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$970
$322,188
2025
$50,000
$272,188
$322,188
No

Tax History

Year
Tax Paid
Assessed Value
2025
$970
$322,188

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$336,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$175/mo
+$1,752/mo
6.9%

City: Arlington

508 Fountainwood Dr | Property Details | No Agent List